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USDA Sugar Reports

Thailand: Sugar Annual

By USDA

7th May 2024

MY 2024/25 sugar production is expected to recover from a 20 percent slump in MY 2023/24.

Sugar consumption growth will likely decelerate in MY 2023/24 and MY 2024/25, following Thailand’s slow economic recovery and shrinking sugar demand by non-alcoholic beverage manufacturers due to the progressive sugar tax. Post projects MY 2023/24 and MY 2024/25 sugar exports to increase significantly from the MY 2022/23 levels.

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